Font Size: a A A

An Empirical Study On The Impact Of Board Structure On Firm Performance In Real Estate Industry

Posted on:2019-10-06Degree:MasterType:Thesis
Country:ChinaCandidate:L ChengFull Text:PDF
GTID:2429330569978688Subject:Finance
Abstract/Summary:PDF Full Text Request
As an important decision-making and supervision organization,the board of directors is the core mechanism of corporate governance,and a good operation of the board of directors can effectively improve the management efficiency and improve the performance of the company.The company's profitability is the main basis for measuring a company's competitiveness.The board of directors,as the core agency in corporate governance,will indirectly influence the company's operating performance through internal decision-making mechanisms.In today's rapid economic development,market competition is particularly fierce,an enterprise wants to achieve good business performance,good corporate governance mechanism is very important.At present the domestic study on the performance of board of directors and management feature,although the association has gained some achievements and progresses,but because of differences between the industry background,this study still need to continue to expand it and improve it.With the shareholders of the company governance in the process of binding continues to weaken,the role of the board of directors has received more and more attention,and many scholars attention to the general meeting of shareholders on the board mechanism,which makes people have a more comprehensive understanding of the board of directors.In this paper,based on the relevant research results at home and abroad,combined with the current market system,the influence of board structure on corporate performance is studied.Research on the data of 2013-2015 years of listed real estate enterprises in our country as a sample,the relationship between the two is analyzed.Through descriptive statistics,correlation analysis,multiple regression analysis and other methods to test the relationship between the board structure and corporate performance.The results show that a good board structure can make relatively good decisions for the enterprise,effectively improve the level of corporate governance.In comparison with the real estate industry in China,the structure of the board of directors is reasonably constructed,which can effectively improve the performance of the enterprise.Finally,according to the conclusions of theoretical and empirical analysis,this paper puts forward some suggestions for the board of directors and the management of listed companies.This article takes China's listed companies in the real estate industry as the entry point to study the relationship between the governance structure of the board of directors and the company's performance.Based on the characteristics of the listed companies in the real estate industry in China,it provides some ideas and suggestions for the regulation and construction of the real estate industry's board of directors,thereby improving China's real estate.The governance mechanism of the board of directors of listed companies in the industry;and put forward some suggestions for improving the board of directors of listed companies in the real estate industry in China,so as to improve the decision-making efficiency of the board of directors of listed companies in the real estate industry in China,and thus improve the company's operating performance.
Keywords/Search Tags:Board of directors structure, corporate performance, corporate governance
PDF Full Text Request
Related items